If you have the right aset protection in place, would that limit the damage from a mould claim? Or is a mold claim so serious that it would even go past any acid protection that you've done? If you had the worst, you gnnot like the worst case in the world, like some one died from it, that's where the highest levels of asi protection comes into play. And at that point you're uncollectable legally. That's why they're te strongest trusts on the world for like, forty years, a global gold standard.
In this week’s episode, Robert Leonard talks with Brian T. Bradley about what asset protection is and why it matters, when a new real estate investor should start considering asset protection, whether new real estate investors need an LLC or not to start investing, how to setup an LLC, the most common and dangerous misconceptions around LLCs, and much, much more!
IN THIS EPISODE, YOU’LL LEARN:
00:00 - Intro
02:33 - What asset protection is and why it is important.
05:39 - When a real estate investor needs to start considering asset protection.
07:34 - What LLCs are and whether or not you need one to invest.
14:52 - Common and dangerous misconceptions around LLCs.
26:28 - How to properly setup and structure LLCs.
36:57 - How LLCs and asset protection works for house hacks.
59:26 - What asset protection trusts are.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
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